How many areas so close to central London can offer the opportunity of living in a busy, cosmopolitan town next to a village?
Wimbledon dwellers enjoy the benefits of living close to the business of the city yet can take advantage of the Common, the parks and the slower pace of life. This is what makes Wimbledon such a desirable prospect for potential buyers. And this is what attracts many first-time buyers to choose Wimbledon as the place to begin their journey on the property ladder.
The image most people have of the first-time buyer is usually one of a young couple or a singleton with limited funds looking for a one or two-bedroom property. Although this may be true in many cases, there are some people who, for various reasons, are coming to the property market for the first time with sufficient funds to buy something substantial than a modest-sized apartment. And there are plenty of properties in Wimbledon that will be of interest to both types of first-time buyers.
Wimbledon has a wide range of housing. This includes period and new-build detached mansions, elegant Georgian and Victorian townhouses, flats and modern apartments. However, when it comes to buying property in Wimbledon, it is important that first-time buyers have a firm strategy in place before they begin their search.
Here are some tips first-time buyers should follow to help develop their strategy.
- Tip 1
The first step is to get a mortgage agreed in principle. This will save precious time once a suitable property has been found, and will improve your chances of securing the property.
- Tip 2
Do your own independent research. Research the area to make sure it has all the amenities you require, such as schools, shops, and places of entertainment.
- Tip 3
Research your chosen property. Ask questions and don’t be afraid to ask questions. Complete a survey. If you really like a property, it’s important to act swiftly with putting in an offer, but make sure you know the nature of the property and whether any drastic renovation work may be required, as you’ll have to factor that into costs.
While researching a property, lean on the estate agent and use their expertise. Of course, first-time buyers have the advantage over other buyers because they do not have a property to sell, so are not part of a chain.
As we have stated earlier in this article, Wimbledon has a wide range of properties for first-time buyers and at Robert Holmes, we can answer any questions first-time buyers may need to ask.
So, if you are a first-time buyer looking to move to Wimbledon contact us now and let us help you find the right property for you.